The objective of this course is to provide students with an understanding of the principles and applications  of international  trade, so  that  students are prepared  to  face the  future  complexities of the global economy. Exploration of the basic rules and institutions of international trade focusing on the World Trade Organization. Discussion  of influential trade theories, the effect of trade on income distribution, the  implications of  tariff  imposition and the economic mechanisms and policy issues that often arise in world trade. Political economy and controversies in the theory of trade are also discussed.